**Charity Registration No. 1099954**
**Company Registration No. 04864374 (England and Wales)**
# **NORTH DONCASTER DEVELOPMENT TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2021**
## **NORTH DONCASTER DEVELOPMENT TRUST**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Mrs B M Gill Mr C M Hogarth Mr J Mounsey Mrs V Powell-Hoyland Mrs L E Wagstaff (Appointed 14 April 2020) Mrs I Beech Mr S Denman (Appointed 1 October 2020)
**Charity number** 1099954 **Company number** 04864374 **Principal address** Bentley Resource Centre High Street Bentley Doncaster South Yorkshire DN5 0AA **Registered office** Bentley Resource Centre High Street Bentley Doncaster South Yorkshire DN5 0AA **Independent examiner** Brearley & Co Accountants Limited 39/43 Bridge Street Swinton Mexborough South Yorkshire S64 8AP **Bankers** Natwest Bank Plc 12 High Street Doncaster South Yorkshire DN1 1ED
## **NORTH DONCASTER DEVELOPMENT TRUST**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 5|
|Statement of Trustees responsibilities|6|
|Independent examiner's report|7|
|Statement of financial activities|8|
|Balance sheet|9 - 10|
|Notes to the financial statements|11 - 18|
## **NORTH DONCASTER DEVELOPMENT TRUST**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
The trustees present their report and financial statements for the year ended 31 March 2021.
The charity's governing document is its Memorandum and Articles of Association, dated 29th January 2003, which were revised in January 2016 at the Annual General meeting, where the board agreed to reduce the trustee board members to a maximum of 12.
## **Objectives and activities**
The charity is a not for profit organisation created to promote the economic development and regeneration of North Doncaster. The primary area the Trust covers is the North of Doncaster, however this is not inclusive and includes working across Doncaster, closely working in partnership with communities and all parts of the voluntary sector.
## **Organisation**
The charity is governed by a Board of Trustees, which can have up to 12 members, and is responsible for setting the strategic direction of the organisation and establishing policy. The Board meets regularly and subcommittees are formed as necessary. The Community Co-coordinator, appointed by the Trustees, manages the day to day operations of the charity and facilitates effective operations; she has delegated authority, within terms of delegation approved by the Trustees, for operational matters including finance, employment and project development. The Development Manager supports the trustee with strategic aims and outcomes, identifying and developing areas of opportunity. Her focus is to develop programs within the Northern communities to improve their lives. She provides a leadership role and the co-ordination of the two community centres. However all final decisions are made by the board on key issues and strategic direction.
## **Trustee Induction and Training**
New Trustees undergo orientation to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making processes, the business plan and recent financial performance of the charity. Trustees are encouraged to attend appropriate external training events which facilitate the undertaking of their role. The Trust is always keen to attract new Trustees to its board.
## **The Trust Objectives**
The Trust was created for the promotion of economic, environmental and social regeneration of the primary area. The objectives concentrate on five major areas:
- i. Helping people into work.
- ii. Supporting small and emerging businesses and social enterprises.
- iii. Supporting voluntary and community groups. iv. Improving the quality of life in communities. v. Developing the Trust’s sustainability.
T he trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake, whilst ensuring resident and community voice is listened, heard and action follows using coproduction.
- 1 -
## **NORTH DONCASTER DEVELOPMENT TRUST**
## **TRUSTEES REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **Achievements and performance**
## **Continuing Uncertainty**
As with previous recent years, this year continued to be challenging for many Third Sector organisations ; Covid 19 has had a significant impact for North Doncaster Development Trust, along with many similar organisations. The board and staff continue focused on building the Charity and utilising the assets of the organisation to create sustainability, therefore removing the dependency on external funding. However, the board and staff increasingly recognise the need to explore new areas of funding as a micro-charity to enable community activities and support our fellow charities and community groups.
This year the impact of Covid 19 has caused the Trust to stop a wide range of community activities including lock down of our two buildings and stopping our community transport: creating financial pressures and staff concerns. The board, staff and volunteers have not let Covid 19 stop their passion for supporting our communities and we quickly bought in new volunteers, took on a local foodbank created during the first lockdown and worked with partners to support the clinically extremely vulnerable with food parcels, prescriptions and travel to vaccinations. We successfully secured a number of small funding amounts to strengthen the community development required to understand the need of the residents. We worked closely with key partners and Doncaster Council to build a community collaborative; this is working well and there is a shared vision to develop collective funding bids.
The development of Bullcroft Memorial Hall and Bentley Resource Centre continues to be a primary focus for the organisation, creating community centres for local activities and wellbeing, and ensuring sustainability for the trust. Both buildings have had challenges throughout the year but have started to see an increase in revenue from ad-hoc bookings with residents coming back to community activities as part of a new ‘normal’ approaches whilst ensuring all Covid health protection measures are in place.
Partnership working is also an integral part of NDDT's focus, working and co-producing with The Ridge Employability College has gone from strength to strength. Bev-Ridge, their community café, is starting to be a great asset for the residents of Doncaster and is a strong partnership supporting young people to gain skills in a different educational environment. This is invaluable to all.
The direct impact of Covid 19 on our community transport was significant, our main users are from vulnerable groups, therefore not able to travel for greater part of the year. The development of community transport is high on our agenda; we are working with local community groups to support the reduction of loneliness and social isolation and increased well-being.
- 2 -
## **NORTH DONCASTER DEVELOPMENT TRUST**
## **TRUSTEES REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **Unique Position of the Trust**
The Trust remains in a unique position in North Doncaster in having an umbrella perspective and has utilised this to develop several projects to support the organisations aims. Through the recognition and reputation of the trusts previous activities, the organisation finds itself in a good position to support and offer advice to smaller organisations within the community.
## **Business Sector Development**
Brooklands Trading Estate work units are partly owned by the Trust. Discussions which started in 2015 continue with the individual shareholders of Brooklands. Conversations have continued throughout this year and the board are looking to have a resolution in place factoring in the constraints of the original funding bodies.
## **A Widening Financial Portfolio**
As with many Third Sector organisations, every year brings further challenge. It is no different for NDDT. The Trust continues the process of moving from grant support to self sufficiency, which, in turn has enable d it to continue or develop previously grant aided projects. The Trust has a mixture of funding in its portfolio including a variety of contracts, grant aided projects, income from the Resource Centres and interest on capital.
## **Dedication**
The staff, volunteers and Board have continued to work hard to deliver existing projects, prepare funding bids and successfully develop new opportunities under the increasingly difficult economic circumstances facing all sectors, and particularly the third sector. The Trust continues to investigate ways to develop, maintain and enhance its strengths. This requires commitment from all. As ever, the Trustees would like to thank everyone who contributed to the Trust’s ongoing operational success, in particular the staff who have worked incredibly hard in difficult times and with great commitment.
## **Financial review**
The financial results of the charity are set out on pages 8 to 18 At 31st March 20 2 1 the accounts show the Trust to be in a financial position with net assets of £5 61,535 of which £ 29,035 are unrestricted. The value of the Balance Sheet has increased over the year by £32,927 The Trust's dependence on grant funding has reduced significantly but it has benefited from some small projects being funded by grant-making bodies. Unrestricted funding comes through a wide variety of activities. The accumulated reserves have been invested primarily in savings accounts chosen to provide appropriate security in uncertain financial markets.
The expenditure over the last year continues to see the development of activities that meet the needs of deprived people living in the Doncaster area. Community Transport and The Bullcroft Memorial Hall are good examples of this, both of which have been successful in gaining additional funding to support projects in 2018.
The main concern for the Trust remains the development of earned income so that the Trust can be self sufficient and can provide an infrastructure that supports the needs of communities and their organisations.
It is felt that there is still an important role for the Trust to play in this area. Unrestricted funds represent the Trust’s working reserves that helps us to ensure that we are able to continue with our obligations in the event of a shortfall in income or a sudden upturn in expenditure. The balance of unrestricted funds at 31 March 20 2 1 represents a figure equating to approximately three months of operating income in line with Charity Commission recommendations. The Trustees regard this as satisfactory and a necessarily prudent approach. However, the reserves policy is reviewed regularly by the board.
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## **NORTH DONCASTER DEVELOPMENT TRUST**
## **TRUSTEES REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **Risk management**
The Trustees have reviewed the major risks to which the charity is exposed and systems have been established to mitigate those risks. These are reviewed periodically. The approach to addressing risk is in a broad context, with emphasis on strategic and reputational risks in addition to the more familiar areas of operational and financial risks, compliance with statutory requirements and internal control procedures. During the year our risk management has focused on a variety of issues ranging from safeguarding assets in a difficult investment market to addressing health and safety procedures.
## **Looking to the future**
As referred to earlier the Memorandum and Articles of Association have been rewritten to better suit the challenges the organisation faces moving forward; this includes having a smaller number of Trustee. The numbers of trustees have reduced over the last two years and in view of this adverts have been issued prior to the AGM to attract new Board Members with certain skills to further strengthen the Board of Trustees. New trustees are always welcome.
## **Structure, governance and management**
## **Governing document**
The charity’s governing document is its Memorandum and Articles of Association, dated 29 th January 2003, which were revised in January 2016 at the Annual General meeting, where the board agreed to reduce the trustee board members to a maximum of 12.
The trustees, who are also the directors for the purpose of company law, and who served during the year were:
Mr J M P Burke (Resigned 25 November 2020) Mrs B M Gill Mr C M Hogarth Mr J Mounsey Mrs V Powell-Hoyland Ms D M Foster (Resigned 9 June 2021) Mrs L E Wagstaff (Appointed 14 April 2020) Mrs I Beech Mr S Denman (Appointed 1 October 2020)
## **Recruitment and appointment of new trustees**
There were various trustees who have both been appointed, and have resigned, since the year end. These can be seen above.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
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## **NORTH DONCASTER DEVELOPMENT TRUST**
## **TRUSTEES REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **Organisational structure**
The charity is governed by a Board of Trustees, which can have up to 12 members, and is responsible for setting the strategic direction of the organisation and establishing policy. The Board meets regularly and subcommittees are formed as necessary. The Community Co-ordinator, appointed by the Trustees, manages the day to day operations of the charity and facilitates effective operations; she has delegated authority, within terms of delegation approved by the Trustees, for operational matters including finance, employment and project development. However all final decisions are made by the board on key issues and strategic direction.
The board made a decision in September 2016 to restructure the organization. This affected 3 staff members who all took voluntary redundancy. The Community Co-ordinator was then appointed to work on the community development and management of sites. The restructure was essential due to the large staff overhead cost which required reducing to fit in line with the current economic situation.
New Trustees undergo orientation to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making processes, the business plan and recent financial performance of the charity. Trustees are encouraged to attend appropriate external training events which facilitate the undertaking of their role. The Trust is always keen to attract new Trustees to its board.
## **Related parties**
The charity has no related parties with whom it deals with.
The Trustees r eport was approved by the Board of Trustees.
## **Mrs V Powell-Hoyland**
Trustee Dated: 20 December 2021
- 5 -
## **NORTH DONCASTER DEVELOPMENT TRUST**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
The trustees, who are also the directors of North Doncaster Development Trust for the purpose of company law, are responsible for preparing the Trustees Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these accounts, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent; and
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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## **NORTH DONCASTER DEVELOPMENT TRUST**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF NORTH DONCASTER DEVELOPMENT TRUST**
I report to the trustees on my examination of the financial statements of North Doncaster Development Trust (the charity) for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Brearley & Co Accountants Limited
Chartered Certified Accountants 39/43 Bridge Street Swinton Mexborough South Yorkshire S64 8AP
Dated: 20 December 2021
- 7 -
## **NORTH DONCASTER DEVELOPMENT TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**Unrestricted Designated**
**Restricted**
**funds**
**funds**
**funds**
**Notes**
**£**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
94,597
-
-
Charitable activities
North Doncaster Community
Transport Project
8,133
-
-
Bentley Resource Centre
50,569
-
-
Bullcroft Memorial Hall
17,318
-
-
Investments
**4**
24
-
-
Other income
**5**
-
-
-
**Total income**
170,641
-
-
**Expenditure on:**
Charitable activities
**6**
134,714
-
3,000
**Net income/(expenditure) for the year/**
**Net movement in funds**
35,927
-
(3,000)
Fund balances at 1 April 2020
(6,892)
107,500
428,000
**Fund balances at 31 March**
**2021**
29,035
107,500
425,000|**Total**
**2021**
**£**
94,597
8,133
50,569
17,318
24
-
170,641
137,714
32,927
528,608
561,535|**Total**
**2020**
**£**
17,402
35,765
47,155
30,937
100
1,200
132,559
159,493
(26,934)
555,542
528,608|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 8 -
## **NORTH DONCASTER DEVELOPMENT TRUST**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2021**_
|**Notes**
**Fixed assets**
Tangible assets
**9**
Investments
**10**
**Current assets**
Debtors
**11**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
Taxation and social security
Other creditors
**12**
Net current assets
**Total assets less current liabilities**|**2021**
**£**
29,003
163,269
192,272
747
91,460
92,207|**£**
386,470
75,000
461,470
100,065
561,535|**2020**
**£**
40,531
63,893
104,424
667
41,874
42,541|**£**
391,725
75,000
466,725
61,883
528,608|
|---|---|---|---|---|
- 9 -
## **NORTH DONCASTER DEVELOPMENT TRUST**
## **BALANCE SHEET (CONTINUED)**
## _**AS AT 31 MARCH 2021**_
|**Notes**
**Income funds**
Restricted funds
Unrestricted funds
Designated funds
General unrestricted funds|**2021**
**£**
107,500
29,035|**£**
425,000
136,535
561,535|**2020**
**£**
107,500
(6,892)|**£**
428,000
100,608
528,608|
|---|---|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The accounts were approved by the Trustees on 20 December 2021
Mrs V Powell-Hoyland
**Trustee**
## **Company Registration No. 04864374**
- 10 -
**NORTH DONCASTER DEVELOPMENT TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **1 Accounting policies**
## **Charity information**
North Doncaster Development Trust is a charitable company limited by guarantee incorporated in England and Wales. The registered office is Bentley Resource Centre, High Street, Bentley, Doncaster, South Yorkshire, DN5 0AA.
## **1.1 Accounting convention**
The accounts have been prepared in accordance with the charity's memorandum and articles of association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 11 -
**NORTH DONCASTER DEVELOPMENT TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Property & improvements 4% straight line Fixtures, fittings & equipment 15% to 50% straight line Motor vehicles 25% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
## **1.6 Fixed asset investments**
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year . Transaction costs are expensed as incurred.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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**NORTH DONCASTER DEVELOPMENT TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **1 Accounting policies**
**(Continued)**
## **1.9 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
|**Unrestricted**
**funds**
**2021**
**£**
Goverment grants received
94,597
**4**
**Investments**
**2021**
**£**
Interest receivable
24
**5**
**Other income**
**Unrestricted**
**funds**
**2021**
**£**
Net gain on disposal of tangible fixed assets
-|Total
2020
£
17,402
**2020**
**£**
100
Total
2020
£
1,200|
|---|---|
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**NORTH DONCASTER DEVELOPMENT TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **6 Charitable activities**
|Staff costs
Depreciation and impairment
Training, secondments and other staff costs
Premises costs
Repairs and cleaning
Printing and stationery
Postage and telephone
Sundries
Computer and internet costs
Legal and professional
Motor expenses
Insurance
Direct project costs
Bank charges and interest
Bad debts
**Analysis by fund**
Unrestricted funds
Restricted funds
**For the year ended 31 March 2020**
Unrestricted funds
Restricted funds|**2021**
**£**
59,888
5,256
719
28,823
2,322
313
1,574
655
5,780
7,276
8,166
6,411
9,986
545
-
137,714
137,714
134,714
3,000
137,714
154,993
4,500
159,493|**2020**
**£**
70,131
11,936
832
28,901
6,525
413
1,642
2,864
5,253
6,932
15,591
6,306
279
1,048
840
159,493
159,493
154,993
4,500
159,493|
|---|---|---|
## **7 Trustees**
None of the trustees (or any persons connected with them) received any remuneration during the year (2020 - £Nil). Also, none of them were reimbursed a ny travelling expenses during the year (2020 - £Nil).
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## **NORTH DONCASTER DEVELOPMENT TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **8 Employees**
## **Number of employees**
The average monthly number of employees during the year was:
||**2021**|**2020**|
|---|---|---|
||**Number**|**Number**|
||8|8|
|**Employment costs**|**2021**|**2020**|
||**£**|**£**|
|Wages and salaries|59,888|70,131|
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## **NORTH DONCASTER DEVELOPMENT TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **9 Tangible fixed assets**
|**Property &**
**improvements**
**Fixtures,**
**fittings &**
**equipment**
**Motor vehicles**
**£**
**£**
**£**
**Cost**
At 1 April 2020
472,314
193,899
65,690
At 31 March 2021
472,314
193,899
65,690
**Depreciation and impairment**
At 1 April 2020
81,433
193,054
65,690
Depreciation charged in the year
4,893
363
-
At 31 March 2021
86,326
193,417
65,690
**Carrying amount**
At 31 March 2021
385,988
482
-
At 31 March 2020
390,880
845
-|**Total**
**£**
731,903
731,903
340,177
5,256
345,433
386,470
391,725|
|---|---|
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## **NORTH DONCASTER DEVELOPMENT TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **10 Fixed asset investments**
|**Cost or valuation**
At 1 April 2020 & 31 March 2021
**Carrying amount**
At 31 March 2021
At 31 March 2020
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Other debtors
Prepayments and accrued income
Other debtors consist of VAT repayable £956 (2020 - £2,278).
**Other creditors falling due within one year**
Trade creditors
Other creditors
Accruals and deferred income|**Unlisted**
**investments**
**£**
75,000
75,000
75,000
**2021**
**2020**
**£**
**£**
20,948
27,856
956
2,278
7,099
10,397
29,003
40,531
**2021**
**2020**
**£**
**£**
8,071
13,123
3,568
7,959
79,821
20,792
91,460
41,874|
|---|---|
## **11 Debtors**
## **12 Other creditors falling due within one year**
Other creditors consist of bonds held £3,568 (2020 - £1,8 10) and grant income £ Nil (20 20 - £6,149).
- 17 -
## **NORTH DONCASTER DEVELOPMENT TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**13**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**2021**
**2021**
**2021**
**£**
**£**
**£**
Fund balances at 31 March 2021
are represented by:
Tangible assets
36,470
-
350,000
Investments
-
-
75,000
Current assets/(liabilities)
(7,435)
107,500
-
29,035
107,500
425,000|**Total**
**2021**
**£**
386,470
75,000
100,065
561,535|Total
2020
£
391,725
75,000
61,883
528,608|
|---|---|---|
- 18 -